LEDinside, a division of TrendForce, says LED manufacturers have turned to R&D of Mini LEDs due to Micro LEDs’ technological bottlenecks which make it harder to realize commercialization in the short term. Companies can develop Mini LEDs using their current equipment, with only small changes to manufacturing processes. Mini LEDs have the potential to be adopted for televisions, phones, automotive displays, and other applications, with revenue expected to reach $1 billion in 2023.
| Mini LED Revenue forecast • LEDinside |
As for consumer electronic products, the cost of using Mini LED chips for a self-emitting display is too high, and the resolution may not meet the requirements of existing products. So companies aim to use Mini LEDs as backlighting in LCD panels. LEDinside estimates that Mini LED backlighting demos could be released in 2018.
Companies worldwide have been actively involved in the development of Mini LED products, including chip makers like Epistar, Lextar, San’an Optoelectronics, and HC SemiTek; packaging companies like Everlight, Advanced Optoelectronic Technology, Harvatek, and Seoul Semiconductor; IC designers like Macroblock and Raydium; panel makers like AU Optronics and Innolux Corporation, and digital display makers like Leyard.
